The team confirms it was sold to businessman Gabriel Brener, who's already had a stake in the team since 2008. The team was owned by the Anschutz Entertainment Group.

Brener owns the Brener International Group, LLC, a Los Angeles-based private investment firm. The company, according to the team's website, acquires and grows ownership stakes in companies with strong growth potential.

More details regarding the deal weren't immediately available. Stay with Eyewitness News for the latest updates on this breaking story.